The Plan to Save the Postal Service by Making It Even Worse
Using the same logic as shooting a hole in the barn and then painting the target around it…
Continue readingDoug French
Stagflation Cometh
If zero interest policies and other forms of financial repression were not hard enough on the average person, wait till they’re…
Continue readingThe Dollar’s Reserve Currency Status Won’t Last Forever
The Fed fiddles while the dollar burns…
Continue readingLow Rates and Limited Liability Mean Hot Markets
The taxpayer is backstopping more credit risk than ever…
Continue readingThe Upside of Lockdowns: More Saving
Something good is coming out of the covid lockdowns…
Continue readingToday’s Negative Rates Are the Path to Poverty
If interest rates are not set by the free market, there is no freedom…
Continue readingRich Millennials Plot the End of Civilization
We can only thank goodness the parents of these young people believed in serving customers and saving their wealth. This wealth was…
Continue readingThe Weirdest, Most Distorted Economy Ever
Between the Federal Reserve, Congress, and Covid, navigating the business cycle is equivalent to sneaking through a house of mirrors…
Continue readingThe Rise of Mega–Gambling Facilities: A New Skyscraper Curse?
Using the skyscraper curse, the Circa sportsbook opening could be signaling a peak in sports wagering or the end of Las Vegas’s glory days…
Continue readingThe Fed’s Balance Sheet May Be Headed to $40–$50 Trillion
The world’s central banks must take whatever paper governments issue. The result by the end of the decade will be…
Continue readingCan the Stock Market Protect Wealth Better Than Gold and Silver?
Staying ahead of the government printing press is the modern citizen’s constant worry. There are no hard money central bankers, let alone…
Continue readingStocks Always Go up. Until They Don’t.
After the sharp March COVID crash, stocks have come roaring back: nevermind the pandemic, protests in the streets, shuttered businesses, and…
Continue readingAs the Fed Pumps, the Stock Market Is Increasingly the Only Game in Town
Almost gambling?
Continue readingWhite Collar Welfare: What It’s Like To Work For The Federal Government
The result was billions in government waste. I’ve seen laziness at the FDIC and some waste, but nothing like this…
Continue readingINFLATION: Rumors Of Its Death Are Greatly Exaggerated
Bloomberg posits that inflation is gone for at least a decade. Well, maybe not…
Continue readingIn A Currency Crisis – Like In Greece Or Venezuela Right Now – There Is No #MeToo Movement
From Greece to Venezuela, as fiat currency crises play out in real time, women do what they have to just to survive. Here are the details…
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